$400,000 Price Reduction 2228-2232 E Cesar E Chavez Ave 13,965 SF 28% Leased Retail Building Los Angeles, CA 90033 $3,800,000 ($272.11/SF) 6.61% Cap Rate

The subject property is located at 2228 E Cesar E Chavez Avenue, situated on the south side of the street between North Breed Street and North Chicago Street in the City of Los Angeles, Los Angeles County, California, in the Boyle Heights Neighborhood. The building is a prewar (circa 1927) two-story structure with a cellar and subcellar, serving mixed uses. The ground floor features a 6,431 square foot retail space, which, along with a ± 3,000 square foot finished cellar, which is currently a Beauty and Barber vocational school that prepares Barbers, Cosmetologists, Estheticians, Nail Technicians and Permanent Make Up Artists for careers in their field. The second floor, which spans 6,347 square feet, is subdivided into six professional spaces ranging from 450 to 1,250 square feet. The assessor’s total building size is 12,510 square feet, and a Gross Leasable Area (GLA) of ± 13,965 square feet. The property sits on a 7,775 square foot lot zoned LAC2.
This property is situated in a prime location within Los Angeles, offering easy access to major highways, local amenities, and thriving community hubs. With its historic charm, sizable footprint, and versatile zoning, 2228 E Cesar Chavez Ave is an excellent opportunity for investors seeking to capitalize on the rapidly growing market in this vibrant area